VTC Full Form in the Share Market is “Valid Till Canceled”. This feature allows traders to place buy and sell limit orders for their chosen stocks by specifying the duration for which the order should remain valid. The order will be executed automatically once the stock hits the set price or will be canceled after a period of 45 days if not executed.

Features of Valid Till Canceled Orders in the Stock Market:

VTC orders are available for both cash and margin accounts within the futures and equity segments. Investors and traders often use these orders when they have a specific target price and want to extend the time frame for reaching that price. The main benefit of VTC orders is that they eliminate the need to re-enter the same order repeatedly.

How Does the VTC Order Work?

To place a VTC order, a trader specifies the security, the desired price, and the number of shares. This order remains active until the security is bought or sold at the specified price or until the trader decides to cancel it. If the market price meets the conditions set in the order, it will be executed.